TortoiseEcofin Acquisition Corp. III Seeks Acquisitions
November 10, 2021 at 04:11 pm EST
TortoiseEcofin Acquisition Corp. III (NYSE:TRTL) is looking for acquisitions. The company said, "Based on the foregoing, our management believes that we will have sufficient working capital and borrowing capacity to meet our needs through the earlier of the consummation of a Business Combination and one year from this filing. Over this time period, we will be using the funds held outside of the Trust Account for paying existing accounts payable, identifying and evaluating prospective initial Business Combination candidates, performing due diligence on prospective target businesses, paying for travel expenditures, selecting the target business to merge with or acquire, and structuring, negotiating and consummating our initial Business Combination".